July 2018 Real Estate Market Report

For the first 6 months of 2018, home sales were only 3.7% lower than the first half of last year, primarily due to having strong sales over the winter months according to the most recent market analysis from the Wisconsin REALTORS® Association (WRA). Their analysis went on to report that the number of home sales were down nearly 12% in June compared to last June, however the median price of homes grew 5.4% over the same time frame. Low inventory of homes on the market has restricted the number of home sales and continues to influence the increase in home… Read More

How to Save For a Down Payment on a Home

To figure out how much you need to save for a down payment on a home, you first need to determine what you can realistically spend on a house. According to CNN Money, most lenders restrict your mortgage amount in order for your monthly housing payments, including property taxes and insurance, to not surpass 28% of your pre-tax monthly income. Aiming for a lower percentage such as 20% may be better if your income fluctuates. Other expenses as a homeowner to keep in mind are repairs, maintenance, utilities, and even home owner association fees if they apply. The second step… Read More

5 DIY Projects to Prep Your Home to Sell

Instead of focusing on major renovations that are expensive and time consuming, consider taking on a few inexpensive projects to make your home more appealing to potential buyers and help you sell. Improve Storage Space: Buyers will be interested in checking out the storage options in a home. Ways to make storage spaces appear larger include: Empty out half of your closets and add a closet organizer Remove junk in the garage and crawl spaces Add organizers in your cabinets Improve bathroom storage by adding additional cabinets or over-the-toilet storage Fresh Paint: A fresh coat of paint can easily make… Read More

4 Pricing Myths Every Seller Should Know

Myth #1: Pricing your property high equals a high return The potential revenue may be alluring but a buyer’s agent will likely know when a property is overpriced. Overpriced properties have a greater chance to sit on the market longer and can lead to future problems as Myth #2 describes. Listing at an appropriate price can lead to a quicker and easier sale which is especially beneficial if you’re purchasing a new home. Myth #2: It’s no big deal to lower the price later on an overpriced home Homes that stick around on the market and/or have had multiple price… Read More

Freshen up and get ready for Spring

Finally! Spring has arrived in Wisconsin You may have heard Harley riders revving their engines, seen your first robin, and smell your neighbors grilling again. Now it’s time to spruce up your home and yard for the season. Here are some reminders and great ideas to freshen up and get ready for Spring. Retire the fireplace: Add interest to the dark space by adding a candle set. For a rustic look, stack wood logs cut side out. Lighten up: Swap out your heavy bedding and dark colors to lighter options Revive your exterior: Wash or add a fresh coat of paint… Read More

The Housing Market in 2018 – So Far So Good

The housing market in southeast Wisconsin continues to look good in 2018. The driving forces in today’s market are solid buyer demand, limited inventory and first timers ready to buy. According to recent housing statistics published by the Wisconsin REALTORS® Association (WRA), the number of home sales between December 2017 and February 2018 was 15.8% higher than just 5 years ago. They went on to report that this winter had record high sales since they re calibrated their data system in 2005. Home sales in January grew 3.5% and the median home sales price increased 4.9% compared to January 2017…. Read More

5 DIY Home improvement projects for winter

Is winter weather giving you cabin fever? If so, here is a list of DIY projects perfect for doing during the winter months to improve your living space and add value to your home. 1) Update bathrooms. Replacing old fixtures such as faucets and lighting, re-cauking and re-grouting, and applying a fresh coat of paint are all easy updates that can dramatically change the look of your bathrooms. 2) Add a kitchen backsplash. Protect your walls and add style to your kitchen by adding a backsplash.  3) Update walls. Add crown molding and re-paint walls to enhance the aesthetic appearance… Read More

Become an Expert on New Homes Hitting the Market

Knowledge is power and early knowledge can offer you a powerful advantage, especially in tight real estate markets. Those who find properties first gain an edge by being the first have a chance to see new properties and thus the first to make offers. More often than not, this first to market knowledge pays off. This post will review how you can leverage the property search on this website to quickly access the newest properties on the market and how to setup email alerts when new properties match your criteria. It’s important to first point out that this website offers… Read More

How to Track Your Home’s Value

Buying a home is generally the single largest purchase that we make in our lifetimes and most of us are interested in not only the value of our properties, but also the general value of like properties in our neighborhoods. Whether you have just moved into a new home or have lived there for years, tracking the market value of your property is essential for any informed homeowner. This website’s property search provides an excellent platform to track property values and market trends in your area.  In this post, you will learn strategies for tracking the value of your home… Read More

Home Purchase & Education Go Hand in Hand

For many families, schools are an essential consideration when searching for a new home. However, most property searches only offer property related criteria such as price, beds, baths, and square feet. As such, locating properties that meet the criteria for your family and your child’s education can be challenging, especially when you are less familiar with an area. For this very reason, this website provides you with the ability to incorporate school ratings directly into your property search as a primary criteria.  Additionally, you’ll have access to detailed information and statistics on local schools and neighborhoods on every listing detail… Read More